Principal Solar Names Start-Up and Finance Expert to Board of Directors
January 18 2012 - 9:51AM
Business Wire
Principal Solar, Inc. (PSI; OTC Pink: PSWW), a publicly
traded renewable energy holding company rapidly advancing the
inevitable, worldwide utilization of solar energy through a unique
roll-up strategy, today announced the appointment of John R.
Harris, a veteran in the Information Technology and Business
Process Outsourcing industry with more than 35 years of experience
in CEO and senior executive positions, to its Board of
Directors.
“John is a key addition to our BOD, bringing deep finance
expertise, experience in roll-up strategies and public Board
proficiency,” says Michael Gorton, chief executive officer and
chairman of PSI.
Currently, Mr. Harris is an operating partner and investor with
GlendonTodd Capital, and CEO of Chemical Information Services, a
leading provider of information services to the bulk chemical
sourcing community. Prior to this he served as President and CEO of
eTelecare Global Solutions, where the company doubled revenues and
expanded operations around the world during his tenure. Previously,
Mr. Harris was president and CEO of Seven World Wide, and CEO of
several private equity-backed technology service companies. He also
fulfilled a number of senior executive roles at Electronic Data
Systems (EDS), where he made significant contributions to the
growth of the company.
Harris states, “This will be an excellent opportunity to share
my business and financial experience with the PSI team as we strive
to build a global organization committed to preserving natural
resources and protecting future generations. PSI has conceived an
impressive business model that is grounded in solid practices and
an aggressive, yet nimble, game plan.”
Mr. Harris graduated from the University of West Georgia with a
B.B.A. and M.B.A., and is on the Board of Advisors to the
Richardson School of Business. He has held Board positions with a
number of public and private telecommunications and technology
services companies.
About Principal Solar
Principal Solar, Inc. (PSI; OTC Pink: PSWW) is a publicly traded
renewable energy holding company rapidly advancing the inevitable,
worldwide utilization of solar energy through a unique roll-up
strategy. The company is building the world’s first
online library dedicated exclusively to the field of solar energy –
a 24-hour gateway to current information, perspectives and
thought-leadership: www.definitivesolarlibrary.com. Visit
www.PrincipalSolar.com.
Cautionary Statement Regarding Forward-Looking
Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements."
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors in the solar energy
generating industry (market risk, government regulation,
operational risks, etc.) that could cause the Company's actual
operating results to be materially different from any historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that
explicitly describe these risks and uncertainties, readers are
urged to consider statements that contain terms such as "believes,"
"belief," "expects," "expect," "intends," "intend," "anticipate,"
"anticipates," "plans," "plan," to be uncertain and
forward-looking. The Company does not assume a duty to update these
forward-looking statements, except as required by law.
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